Metallus Inc. (NYSE:MTUS) Shares Sold by Victory Capital Management Inc.

Victory Capital Management Inc. lowered its position in Metallus Inc. (NYSE:MTUS) by 6.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 140,899 shares of the company’s stock after selling 9,191 shares during the quarter. Victory Capital Management Inc. owned 0.33% of Metallus worth $1,991,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in MTUS. State Street Corp acquired a new stake in shares of Metallus in the third quarter valued at approximately $32,439,000. Pacer Advisors Inc. acquired a new stake in Metallus during the 3rd quarter valued at $27,669,000. Systematic Financial Management LP acquired a new stake in Metallus during the 3rd quarter valued at $16,359,000. Janus Henderson Group PLC purchased a new position in Metallus during the third quarter worth $15,534,000. Finally, Geode Capital Management LLC acquired a new position in shares of Metallus in the third quarter worth $13,888,000. Institutional investors and hedge funds own 77.58% of the company’s stock.

Metallus Trading Down 1.2 %

NYSE:MTUS opened at $13.88 on Tuesday. Metallus Inc. has a 12-month low of $12.96 and a 12-month high of $24.31. The firm has a market cap of $584.74 million, a price-to-earnings ratio of 26.70, a price-to-earnings-growth ratio of 1.02 and a beta of 1.32. The company’s 50-day moving average is $14.79 and its two-hundred day moving average is $14.97.

About Metallus

Metallus Inc manufactures and sells alloy steel, and carbon and micro-alloy steel products in the United States and internationally. The company offers special bar quality (SBQ) bars, seamless mechanical tubes, precision steel components, and billets that are used in gears, hubs, axles, crankshafts and motor shafts, oil country drill pipes, bits and collars, bearing races and rolling elements, bushings, fuel injectors, wind energy shafts, anti-friction bearings, artillery and mortar bodies, and other applications.